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Oracle Red Bull Racing Launches NFT Collection in Tejos for Monaco Grand Prix

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Oracle Red Bull Racing is launching its second non-fungible token (NFT) collection at the Monaco Grand Prix.

Following their first NFT drop at the Miami Grand Prix, the team will mint the latest collection of their digital memorabilia in the Tezos blockchain available at Bybit’s NFT Marketplace.

The second NFT launch of Oracle Red Bull Racing will connect the team of fans and its memorable moments, rethinking their past, present and future.

Christian Horner, Principal and CEO of Oracle Red Bull Racing Team: “The second season of our high-value digital collection continues the mission of keeping Oracle Red Bull racing at the center – on track, in the garage and in the factory.”

“Each limited-edition segment displays a moment of time for the team in stunning detail and is designed to immerse fans in our world, in search of our victory and in the great moments of the team’s history.”

He continued: “So it is fitting that we are launching the latest collection here in Monaco. Thanks to our state-of-the-art partnerships with Bibit and Tejos, the pioneers of exciting digital resources, we can bring a limited edition of the F1 tradition of the future to our fans around the world in an immersive, accessible and affordable way. “

To mark this occasion, a one-off Monaco-version of the Placesit Simulator rig will be displayed during the NFT auction. The highest bidder will receive both the digital version of the single seat and the right to claim the actual place from Monaco Energy Station.

I auctioned 1 of the 1 placets in collaboration with Bybit and Tejos, starting at 6am UK time on 26th May and ending at 11:59pm UK time on 31st May.

Bidding Bybit will be hosted in the NFT Marketplace (https://ift.tt/AkYmdLv) and bidders must bid at least 5% more than the current maximum bid.

Proceeds from the play will be donated to Wings for Life, a non-profit spinal cord research foundation whose goal is to heal spinal cord injuries.

Meanwhile, Oracle Red Bull Racing’s unique NFT collection, for the first time, will be listed by Bybit in its industry-leading NFT marketplace.

Ben Zho, co-founder and CEO of Bybit, said: “Bibit’s partnership with Oracle Red Bull Racing marks another milestone in Bibit’s vision to bring Metavers to the world community, innovate and enrich the fan experience.”
“We look forward to using Bibit’s innovative technology to bring Oracle Red Bull Racing fans around the world closer to the team through this initiative.”

Bybit was founded in March 2018 and is currently one of the fastest growing cryptocurrency exchanges.
They provide crypto traders with an ultra-fast matching engine, innovative online spot and derivatives trading services, mining and stacking products as well as multilingual community support.

This collaboration marks a new journey for Oracle Red Bull Racing, Tezos and Bybit, which have brought the thrill of Formula 1 to the world of digital collectibles, NFTs and Web3.

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